Affirmative Insurance Company

03/24/2016
On March 24, 2016, Affirmative Insurance Company (“Affirmative”) was the subject of an Order of Liquidation with a Finding of Insolvency entered by the Circuit Court of Cook County in Case No. 15 CH 13718. The Order appoints the Acting Director of Insurance of the State of Illinois as liquidator (“Liquidator”) of Affirmative and grants the Liquidator full power, possession and control over the assets, business and affairs of the company, including all of the property, contracts, rights of action and books and records.

Policies issued by Affirmative will be canceled on the earliest of the following dates:
• At 12:01 a.m. on the 31st day following the effective date of the Order
• The date of expiration of the policy coverage
• The date the policyholder replaces the insurance coverage or otherwise terminates the policy.

For the protection of the policyholders, the Order activates the state guaranty associations in the states where Affirmative was licensed to do business.

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